Grocery platform Misfits Market acquires The Rounds to further its mission of reducing food waste

Grocery platform Misfits Market acquires The Rounds to further its mission of reducing food waste

Misfits Market, the online platform that delivers imperfect groceries to help minimize waste, announced the acquisition of household restocking service The Rounds on Friday. As a result of the deal, Misfits Market plans to take on over 250 items from The Rounds’ inventory. This allows the company to diversify into additional categories, such as household…

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Instacart acquires Wynshop to provide tools for grocers and retailers

Instacart acquires Wynshop to provide tools for grocers and retailers

Grocery-delivery giant Instacart announced Thursday the acquisition of Wynshop, a provider of cloud-based e-commerce solutions for grocers. The deal will help Instacart improve its enterprise solutions, enabling retailers to enhance their online experiences. The company didn’t disclose deal terms.  Wynshop launched its platform in 2020 and provides online storefronts for grocers, working with clients such…

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#FTC announces lawsuit against Facebook for ‘illegal monopolization’

#FTC announces lawsuit against Facebook for ‘illegal monopolization’

“#FTC announces lawsuit against Facebook for ‘illegal monopolization’” The US Federal Trade Commission (FTC) today announced its lawsuit against Facebook alleging the company has formed an illegal monopoly based on anticompetitive practices. According to a notice from the FTC, the suit involves the company’s Instagram, Messenger, and WhatsApp services as well as Facebook‘s alleged imposition…

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